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2024 Seneca City budget finalized

(KMZA)--The 2024 budget for the city of Seneca has been finalized.

The Seneca City Council unanimously approved the budget following a hearing at their September 6 meeting drawing no public comment.

The Council also approved a resolution to exceed the revenue neutral tax rate following a second public hearing prior to the budget hearing.

The budget calls for total expenditures of $14 million and maintains the same property tax levy.

It calls for the city to collect more than one-million dollars in local tax revenue.

Even though the mill levy will remain the same, the city will collect around $142,000 in additional tax revenue due to a more than $4 million increase in the city's assessed valuation.

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